Quaker Chemical Corp (KWR) CEO Michael F. Barry Sells 1,250 Shares

Quaker Chemical Corp (NYSE:KWR) CEO Michael F. Barry sold 1,250 shares of the business’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $160.13, for a total value of $200,162.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Quaker Chemical Corp (NYSE KWR) traded up $1.58 during trading on Monday, hitting $150.18. The company had a trading volume of 60,412 shares, compared to its average volume of 63,672. The company has a current ratio of 2.63, a quick ratio of 2.06 and a debt-to-equity ratio of 0.15. Quaker Chemical Corp has a 1 year low of $126.18 and a 1 year high of $165.93. The stock has a market cap of $1,977.42, a price-to-earnings ratio of 98.96, a PEG ratio of 2.38 and a beta of 1.34.

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Quaker Chemical (NYSE:KWR) last announced its quarterly earnings results on Wednesday, February 28th. The specialty chemicals company reported $1.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.01. Quaker Chemical had a return on equity of 15.48% and a net margin of 2.47%. The firm had revenue of $211.10 million during the quarter, compared to analyst estimates of $208.07 million. During the same quarter in the previous year, the business earned $1.26 EPS. Quaker Chemical’s revenue for the quarter was up 10.4% compared to the same quarter last year. sell-side analysts anticipate that Quaker Chemical Corp will post 5.67 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Monday, April 16th will be paid a $0.355 dividend. The ex-dividend date of this dividend is Friday, April 13th. This represents a $1.42 annualized dividend and a dividend yield of 0.95%. Quaker Chemical’s dividend payout ratio is presently 94.04%.

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. increased its stake in shares of Quaker Chemical by 3.2% in the 4th quarter. BlackRock Inc. now owns 1,646,283 shares of the specialty chemicals company’s stock valued at $248,242,000 after purchasing an additional 50,506 shares in the last quarter. Carillon Tower Advisers Inc. purchased a new position in shares of Quaker Chemical in the 4th quarter valued at about $103,056,000. JPMorgan Chase & Co. increased its stake in shares of Quaker Chemical by 17.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 638,073 shares of the specialty chemicals company’s stock valued at $95,041,000 after purchasing an additional 94,167 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Quaker Chemical by 7.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 279,860 shares of the specialty chemicals company’s stock valued at $42,200,000 after purchasing an additional 20,012 shares in the last quarter. Finally, Ranger Investment Management L.P. increased its stake in shares of Quaker Chemical by 141.2% in the 4th quarter. Ranger Investment Management L.P. now owns 214,455 shares of the specialty chemicals company’s stock valued at $32,338,000 after purchasing an additional 125,543 shares in the last quarter. Hedge funds and other institutional investors own 91.22% of the company’s stock.

KWR has been the subject of several analyst reports. Zacks Investment Research cut Quaker Chemical from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. B. Riley set a $165.00 price objective on Quaker Chemical and gave the company a “hold” rating in a report on Monday, November 20th. Finally, ValuEngine cut Quaker Chemical from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Quaker Chemical has an average rating of “Hold” and a consensus target price of $163.50.

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Quaker Chemical Company Profile

Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.